Is Extreme Art Studio currently the only approved supplier of implementation services?
Extreme_Art_Studio Franchise · 2024 FDDAnswer from 2024 FDD Document
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You must purchase certain products and supplies that contain our Marks. You must purchase the implementation services from us. We are currently the only approved supplier of this item. We and our affiliates reserve the right to become a designated supplier of additional products, supplies, or materials in the future. You may also purchase Uniforms at any time, but are not required to do so. You may, but are not required to use our approved construction management supplier to manage the entire build out and construction of your Extreme Art Studio Business and pay a construction management fee of $20,000 paid directly to
Source: Item 8 — RESTRICTIONS ON SOURCES OF PRODUCTS AND SERVICES (FDD pages 23–26)
What This Means (2024 FDD)
According to the 2024 Extreme Art Studio Franchise Disclosure Document, franchisees must purchase implementation services directly from Extreme Art Studio. The FDD specifies that Extreme Art Studio is currently the only approved supplier for these implementation services. This means a new franchisee does not have the option to source these services from alternative vendors.
While Extreme Art Studio is the only approved supplier for implementation services, the FDD also states that Extreme Art Studio and its affiliates retain the right to become designated suppliers for additional products, supplies, or materials in the future. This indicates that the supply chain and approved vendor list could evolve over time.
For other aspects of setting up the business, franchisees may, but are not required to, use Extreme Art Studio's approved construction management supplier to manage the build-out and construction, for a fee of $20,000 paid directly to the supplier. Except for specific requirements, franchisees are not obligated to purchase other products or services from Extreme Art Studio or its designated suppliers.